This whole loan-modification thing is getting out of hand. Are we really so easy to manipulate, or are desperate people just clutching at anything to keep from falling? So many homeowners on the verge of losing their homes will do anything, listen to anyone, take any advice, as long as it's authoritative and the answer satisfies their wants. Why? Because even a flicker of hope can renew the enthusiasm of a condemned man. Problem is, loan mods, for the masses, are a Band-Aid on cancer. But the voice of reason is drowned out by the shouts for rescue. I'm all for hope, but it has be accompanied by action and a dose of reality. Homeowners in distress hope for miraculous results -- a loan mod that reduces the amount they owe and cuts the interest rate to below-market levels. Reality is, if ... 06/30/2010

Spotted a good deal in Edgewater, NJ. 2-bedroom 2-bath condo next to the New NYC Ferry. The unit is in good condition - new kitchen with granite counter-top, hardwood floors. It is on the market over 120 days. Current owner relocated and price reduced. Gene Geiler (201) 362-9010  06/15/2007